Let’s assume that the cost to purchase a condo is $250,000, in order to break even the hotel would need to charge $250 per night for your condo and rent out at least 60% of the time. Myrtle Beach, SC 29577 Office: 843-380-2120 Cell: 843-457-3100 banderson@neighborhoodloans. Your realtor can help you sort through these differences. Reasons To Refinance; Pre-Approval; Loan Application Info; Loan Application Process; Get Prequalified; News;. It is also just a short drive away from hundreds of restaurants, shops and other attractions. 1105 S Ocean Blvd. 201 W Passaic Street Rochelle Park, NJ 07662 Phone: (800) 876-5626 [email protected] 475 sq ft. Set in Myrtle Beach, 5. You'll find Blackmoor Golf Club and TPC of Myrtle Beach within 3 miles (5 km) of this hotel. Coastal South Carolina ; Garden City Beach ; Garden City. Find out everything you need to know about Condotels. Barefoot Commons Branch. 1605 S Ocean Blvd, Myrtle Beach, SC 29577. Get the scoop on the 1474 condos for sale in Myrtle Beach, SC. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm,. Radar & Satellite Image. 455. 9am-5pm Monday-Friday . North Myrtle Beach, SC 29582. 00 or as much as $3,360. Seven Days a Week Property Management for Myrtle Beach & Murrells Inlet Read More Renters? Apply Online with our Convenient Form Rental Application HOA Management Long Term Residential Rentals | Myrtle Beach | Surfside Beach | Murrells Inlet | Pawleys Island. The combined population for all ZIP Codes in Myrtle Beach, SC is 180,343. $132,000 MLS# 914289 / Sold Beds: 3 / Baths: 2. At our Myrtle Beach store, you’ll also find a large selection of accessories including home and wall décor, lighting and rugs to complete the look of any room. 603 South Ocean Blvd, SC 29582. Golf colony resort 5p. Coral Beach condos in Myrtle Beach, South Carolina is our specialty. PALMS REALTY. 2% within the next year. 256 Restaurants within 10 km. Myrtle Beach SC. Call Us: (843) 839-2430. Your condo insurance policies should have at least $300,000 to $500,000 in coverage if you can afford it. MLS# 2305975 / Sold. Beach Cove Resort North Myrtle Beach. Myrtle Beach, Horry County, SC . Founded in 1995, Palmetto Properties of Myrtle Beach is a family-owned business specializing in community vacation rentals. 25 persons and Average Family Size is 3. Quiet cul de sac location. These rentals, including the outside marketing of them, are handled directly by the management company. Condotel loans are available for up to $1. . South Carolina Beachfront Real Estate For Sale listings have an average sales price of $1,607,157 ranging in price from $99,000 to $13,999,000. Condotels are condos that are run as resort properties and offer amenities such as check-in desks, maid services, room service, etc. Great Stay - Garden City. The good news is that finding an affordable and desirable property to rent in Myrtle Beach, SC -- whether it’s. 2000 Hwy 17 S. $480,000. Loan amounts up to $5,000,000. Financing/Investment. 1 Beds. Contact Information. The most recent sale had a number of twists and turns. Written by jpinkas on August 17, 2018. Hot. com so that we can make sure your policy is always working for you! Wondering if you need condo insurance in Myrtle Beach? Here's everything you need to know about this type of coverage, what it covers and how much it costs. In 2018, consumers in the U. Myrtle Beach, SC 29582 Cell: 843-222-1109 korbin@newwavelendinggroup. No Income Verification, No Tax Returns. Website. Lastly, most out-of-town lenders are not going to have a condotel loan program available in the event that the condo is accurately classified as a condotel. Myrtle Beach SC 29577 . With used car locations in Myrtle Beach, Georgetown and Cheraw, we serve customers throughout the Grand Strand area and upstate South Carolina. Show more. 23 ft) Last Update: 9:29 am EST Nov 19, 2023. $159,900. Royale Palms is a luxury 24 story condominium tower attached to the Hilton Myrtle Beach Resort and adjacent to Kingston Plantation, a 145 acre world class resort in the Arcadian section between Myrtle Beach and North Myrtle Beach. 4785 - Located in Murrells Inlet, Condotels at SurfMaster is in the city center and on the beach. Welcome. 30 in 71 in. Here to help. $550,000. . The Oceans - North Myrtle Beach Condos for Sale. Myrtle Beach. Sort: Homes for You. If you need help financing your next commercial or residential real estate project. 974% for a 5-year adjustable-rate mortgage (ARM). Condos are typically divided into several units which are each owned separately and will come with common areas and amenities that are jointly owned. 128 Highway 17 South North Myrtle Beach, SC 29582. Make sure you speak with one of our mortgage professionals to find out if you qualify. Your email address will not be published. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Click here to get started or call our main branch (866) 418-9219 to speak to a CCNB mortgage specialist. Posted in Myrtle Beach Condos For Sale, Myrtle Beach Real Estate. 5905 S Kings Hwy #6111D, Myrtle. 503. 613-610 5th Ave. 2 days on ZillowFind your next vehicle at Southern Auto Mart. info. Demise Of Condotel Financing After Real Estate Meltdown. 3763 Sweetgum St Unit 3763, Myrtle Beach, SC Details ». 501. We also offer our Condo/Condotel Lender List and Closed Sales Histories. Trackback. Use arrow keys to navigate. North Myrtle Beach, SC. CONDO FINANCING. Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment properties, land, FHA and VA loans. 3 days on Zillow43 Car recommended. Receive the Beach. Owner Financing - Myrtle Beach, SC Home for Sale. Spend your time in the warmer weather enjoying this Beautiful home located in the permanent section of the KOA Campground! 1105 S Ocean Blvd Unit 832, Myrtle Beach, SC 29577 is for sale. North Myrtle Beach. 231 sq. The largest property for sale is 10,712 sqft and smallest 345 sqft. In November 2023, the average monthly cash on cash return in Myrtle Beach is 3. - Homes for sale presented by the Beach Pro Team: 843. Nov 23, 2023 - View the Best vacation rentals with Prices in North Myrtle Beach. This ground level 2-bedroom condo is located in the popular Seagate Village. 2 Baths. 991 38th ave n, myrtle beach, sc, 29577. Make haste and retreat to this comfortable oceanfront oasis for your next North Myrtle Beach vacation. $189,500. MORTGAGE CALCULATOR. Condo Financing and Condotel Mortgages. Financing Condos and Condotels in Myrtle Beach, SC By: Matthew F. Welcome. This unit features a full kitchen equipped with a full size fridge, rang. Email Us3. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626) 1830 Marion St. Welcome to 2500 N Ocean Blvd, this gorgeous oceanfront condo has endless views of the Atlantic Ocean. Wells Fargo Bank. 3500 N Ocean Blvd (Prince Resort I), 3601 N Ocean Blvd (Prince Resort II), North Myrtle Beach, SC 29582. $34,000. )Myrtle Beach Condos with an Angle Oceanfront View. Palms Resort offers accommodations in Myrtle Beach, a 12-minute walk from Myrtle Beach and 0. Listing courtesy of Listing Agent: Michele Blase () from Listing Office: Realty ONE Group Dockside. Then recasts every 3 Yrs. 1 Baths. PRIME DIRECT OCEANFRONT 1 bedroom 1 bathroom furnished unit for sale in Dunes Village Resort. Real Estate Deal Analysis & Advice. The location. Condo for Sale in Mount Pleasant, SC: This gorgeous ground level 2 bedroom, 2 bathroom condo is a true gem! The kitchen and primary bath have been beautifully renovated, showcasing modern fixtures and finishes. Search for Condo for Sale in Myrtle Beach, South Carolina. 4677 Wild Iris Dr #204, Myrtle Beach, SC 29577. Owners used as 2nd home. Enter dates to find the best prices. Welcome to 2500 N Ocean Blvd, this gorgeous oceanfront condo has endless views of the Atlantic Ocean. Condotel units fall into the category of non-warrantable condos, which implies that they are not eligible for financing from Fannie Mae and Freddie Mac. (843) 213-1720 (843) 213-1727. 18ºF 94ºF. $259,000. $202,683. 5% LTV;. 904 62nd Ave. Beach Cove Resort offers two and three bedroom oceanfront condos. 9700 Kings Rd. UNIT #103 North Myrtle Beach in Ocean's Edge Townhomes - View all 38 photos. Welcome Home to your 4 Bedroom, 2 Bath home in the Retreat at Ocean Commons in Surfside Beach. Condotel Financing Solutions: Unlock Your Dream Investment in Myrtle Beach. Airport. Located near Main Street and the shag clubs, this stunning oceanfront luxury resort condo community offers the best in luxury, atmosphere and comfort. C. Listing Notifications Made Easy. . There are some condos that are money machines, and will constantly be sending you checks month after month, and at the same time, we can assure you there are others that are alligators and will eat you alive. Marina Inn at Grande Dunes. 3. Xanadu II - North Myrtle Beach Condos for Sale. So without further ado, here are the things you need to know before purchasing an short term rental property in the Myrtle Beach and surrounding areas. If you want to get away to the Myrtle Beach area with all the hassles of. 300 N Ocean Blvd. Grande Dunes is a 3000+ acre master-planned community. Real Estate investment in Myrtle Beach, SC. Reverse Mortgage; Conventional; VA Loans – Cash Out; FHA Purchase – 96. Coral Beach. The condos range in size from 1,800 to 2,800 square feet. 6001 S Kings Highway #B17, Myrtle Beach, SC 29575. Hard Money Loans in Myrtle Beach, SC— BridgeWell Capital. - Homes for sale presented by the Beach Pro Team: 843. Myrtle Beach Oceanfront Condotel STR Case Study. This condo comes fully furnished and offers fantastic upgrades throughout. 5905 S Kings Hwy Unit 203 A, Myrtle Beach, SC 29575. This browser is no longer supported. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). Hourly Weather Forecast. (866) 803-2853. Get the scoop on the 1485 condos for sale in Myrtle Beach, SC. 00. All loan terms and applicable APRs depend on meeting our underwriting and income criteria for the loan size requested and may require collateral. Royale Palms Overview. Vacation Rentals Myrtle Beach Condos Beach Vacation Homes Vacation Rental Specials. Your average annual premium will vary depending on your location, the coverage limits you select, and the deductible amount among other factors. Available financing for vacation and 2nd homes up to 85% loan to value to $3,000,000. We also offer. Welcome Home to your 4 Bedroom, 2 Bath home in the Retreat at Ocean Commons in Surfside Beach. Barefoot Rental Management 4999 Carolina Forest Blvd, Suite 12, Myrtle Beach, SC 29579. 2 Beds. Myrtle Beach condotels are also a much better investment than timeshares, as timeshares are hard to sell, while condotels are in demand. Indoor Pool. 2318867 MLS. Direct oceanfront 2BR/2BA on top 12th floor, sleeps 6, 1-2 small dogs (<40 lbs. Myrtle Beach, SC 29579. See pricing and listing details of Myrtle Beach real estate for sale. Thanks in advance. Condos for Sale • Little River Condos • Myrtle Beach Condos • Mt Pleasant Condos • Isle of Palms Condos • Wild Dunes Condos Charleston Condos • Folly Beach Condos • Seabrook Island. But while starting the search online may seem like a good idea, many people are misguided and have the misconception that all condos. Rental Income. DREAMLIFE REALTY. (843) 492-4030. Myrtle Beach SC 29572 . WELCOME. 2 bds; 2 ba; 1,158 sqft - Condo for sale. CENTURY 21 BAREFOOT REALTY. Country Inn & Suites by Radisson, Myrtle Beach, SC ; InTown Suites Extended Stay Columbia SC - Two Notch ; Sandcastle 5 Br Home ; HomeTowne Studios & Suites by Red Roof Columbia ; Quality Inn & Suites (25)6BR, PRIVATE HEATED POOL, GAME ROOM, ELEVATOR, WALK TO BEACH ; Motel 6 Columbia, SC - Fort Jackson Area ; Hampton. Let Davis Insurance Associates help you find the right insurance for your condo unit in. Hopefully, now you understand why your regime fees will easily be $400 to $1500 a month. 9 results. Forecast Discussion . Sand Dunes Resort Condos For Sale. Loans made or arranged pursuant to California Financing Law. Myrtle Beach. 2 bds. After all annual fees are paid ie. property tax, personal property tax (furniture tax), rental commission (the rental company in my resort charges 40% of gross rentals), all fees associated with each rental ie. SOUTH CAROLINA CONDOS. For monthly updates on current listings and new closed sales, sign up for our Myrtle Beach Downtown Oceanfront Condos Real Estate News, one of the 50 versions of our e-newsletter. Condo in Myrtle Beach. The findings in this analysis are based on Evolve’s Myrtle Beach market averages in the last year and provide a general baseline for performance potential. Master bedroom has 2 closets. The. 161 Seawatch Drive, Myrtle Beach, SC 29572. The difference in financing condominiums compared to single family homes is that lenders have to get the property approved in addition to merely approving. 1 km from Myrtle Beach Boardwalk, Homewood Suites By Hilton Myrtle Beach Coastal Grand Mall offers accommodation with an outdoor swimming pool, free private parking, a fitness centre and a shared lounge. With free WiFi, this 3-star hotel offers free shuttle service and a 24-hour front desk. Book Condotels at One Ocean Place, Garden City Beach on Tripadvisor: See 48 traveller reviews, 32 candid photos, and great deals for. Premium. I found Condotel Financing at competitive rates Types of Mortgages Available Principle & Interest Mortgage Options 30 yr 3/3 ARM @ up to 75% LTV (Lock for 3 Yrs. - Homes for sale presented by the Beach Pro Team: 843. 5 million. 1905567 MLS. REALTY ONE GROUP DOCKSIDESOUTH. "TideMaster 402 is a great unit in North Myrtle Beach. $805,449. Pembroke Pines, FL 33028 info@condohotelcenter. Myrtle Beach and the surrounding areas are a perfect location for a vacation or. property tax, personal property tax (furniture tax), rental commission (the rental company in my resort charges 40% of gross rentals), all fees associated with each rental ie. Much nicer than our friends place down the road in ocean village. Because vacation rental properties may cost more than standard rentals, financing often takes different forms. Adults looking to let loose love the nightlife scene and beachfront bars in Myrtle Beach, and for more relaxing things to do, the Duplin Winery and local breweries let the 21+ crowd sample local pours. 4 Baths. 6001 S Kings Highway #B17, Myrtle Beach, SC 29575. This 3 bedroom, 2 bathroom condo at The Palms in Myrtle Beach has en. UNIT #309 Myrtle Beach in Beach Colony - View all 31 photos. Free breakfasts when you stay at The Strand. Myrtle Beach, SC 29579; Office: 800-872-4488; Gene Carter: Cell 843-455-4785 ;Myrtle Beach City Manager John Pedersen previously told The Sun News such an exception would be made since many of Myrtle Beach’s hotels are condotels with rooms independently owned by. Condotel units fall into the category of non-warrantable condos, which implies that they are not eligible for financing from Fannie Mae and Freddie Mac. Showing 984 Condo listings of over 500,000 total investment properties for sale. Receive the Beach Pro Team’s current list of local. $139,000. Condo and Condotel Lenders. Special Financing is available, and we offer delivery and assembly with our Top Drawer Delivery service across much of South Carolina. New Wave Lending Korbin Causey 695 Main St N. Condo for Sale in Myrtle Beach, SC: Beautifully decorated furnished 3 bedroom 2 bath 1st floor end unit with screen porch overlooking the pond & fountain. Location 1203 48th Ave N Suite 109. 5001 N Kings Hwy, Suite 205A, Myrtle Beach, South Carolina 29577. From the tiny, tight-knit town of Loris to the bustling boardwalk of The Beach, the 14 unique communities of Myrtle Beach offer their own attractions, atmosphere, perks, and properties, all with access to the sandy shores of the Atlantic and mild year-round temperatures. With an average of 320 days of Florida sunshine each year – and 27 miles of sugar-white sands bordering the clear, emerald green waters where the Gulf of Mexico and St. $199,999. Barrett Realty. 89 (221) Superhost. Myrtle Beach Condos; North Myrtle Beach Condos; Resorts with Indoor Pool ;. North Myrtle Beach, SC. 6. Condo and Condotel Lenders. Provided courtesy of Legends Real Estate. - Homes for sale presented by the Beach Pro Team: 843. Our accommodations include one-bedroom suites, two-bedroom condos, and three-bedroom condos. Search. 25. Myrtle Beach Condos; North Myrtle Beach Condos;. Andrew Bay converge – Panama City Beach is a favorite of travelers seeking an affordable beach vacation with year round offerings. On a case by case scenario, even if the rental income is claimed on the schedule E, the property can be classified as a second home. This article was provided by Oren Orkin of Capital Funding Mortgage Company, LLC, a residential and commercial lender that can provide financing for condo hotel units. Gene Carter, CDPE Myrtle Beach Real Estate Sales 1-800-872-4488 GeneCarter@BeachProTeam. Provided courtesy of Atlantic Resort Group. This oceanfront resort is located at 1105 S Ocean Blvd, Myrtle Beach, SC 29577. One Ocean Place Bldg. 29577, Myrtle Beach, Horry County, SC . Mar Vista Grande's rentals are luxurious 3 & 4 bedroom condos that are spacious and beautifully appointed, with custom designed furnishings, flat screen TVs and free wireless internet throughout. Toggle navigation. 9. Price trend information excludes taxes and fees and is based on base rates for a nightly stay for 2 adults found in the last 7 days on our site and averaged for commonly viewed hotels in Myrtle Beach. Condotels Golf Colony Resort. Write a review. is a licensed lender. Myrtle Beach, SC 29577. The spacious oceanfront and ocean view 2 and 3 BR floor plans feature granite. You can contact the owner directly at. In this article, we will discuss and cover condotel financing mortgage guidelines. Com Listing ID: bey15047---. Location, Location, Location! So the most important thing when purchasing any property is location. Qualification based on Property Income, Not Your Income. Jumbo Mortgages/Adjustable Rate Loans. Myrtle Beach has an array of hotels and vacation rental condos offering views of the glittering ocean right from your room’s window or balcony. com Excellent financing is available for almost all condominium purchases on The Grand Strand but many condos cannot be financed with conventional residential loans – regardless of your qualifications as a borrower. The short-term rental market has been gaining momentum for years. Call ☎ (800) 697-4371. Never miss a home. Leave a Comment. What Is A Condotel In Myrtle Beach? There is a lot of bad advice on the internet about condotels. The building, completed in 2007, offers spacious oceanfront and ocean view 2BR and 3 BR. It is important to know whether the properties you are looking at are true condominiums or condotels. - Condo for sale. Susan Frech Office Manager (843)-467-8106. Condotels at One Ocean Place: One Ocean Place, Unit 608 - See 48 traveler reviews, 32 candid photos, and great deals for Condotels at One Ocean Place at Tripadvisor. especially in a popular tourist destinations like Myrtle Beach. $951 month. Fax: (843) 497-6220. As such, it is regarded as real estate. Most posts I've seen on this topic are old. 3910 Highway 17 South. 3 Baths. Contact Information. 4785 -. The HOA will have to have hurricane (also known in SC as wind & hail), traditional hazard (fire usually), and flood insurances. Myrtle Beach Condo Hotels. These are very popular Myrtle Beach condos, and there are some fantastic bargains available at even a lower than normal price - around $60,000. This centrally located condo building gives you easy access to everything North Myrtle Beach offers from the nightlife, live music, and Shag competitions on Main Street to the north, to the shops, restaurants, and. Myrtle Beach and North Myrtle Beach Real Estate. 2. However, securing financing for such a unique property can be a complex process. . Condo and Condotel Lenders. 19 Properties in Myrtle Beach from $119,000. Located in Murrells Inlet, Condotels at SurfMaster is in the city center and on the beach. Financing/Investment. 00. Myrtle Beach, SC 29579; Office: 800-872-4488; Gene Carter: Cell 843-455-4785 ;Myrtle Beach, SC / USA – 9-19-2018 Deserted Myrtle Beach Boardwalk with missing ferris wheel carts after Hurricane Florence/Trisha McQuade/Shutterstock. 2 Baths. 426% for a 30-year fixed, 6. Put our experience to work for you - our in-house condo team checks the financial soundness of the condo project. Frequency of contact may vary and message and data rates may apply. 1FFC is licensed in AL, GA, KY, LA, MS, SC, TN, TX, and VA. 2 bds; 3 ba; 1,334 sqft - Condo for sale. Click on the green tabs at the top of this page for Floor Plans (floor plans, site plans, numbering grids), Current Listings (all active and pending) and more. Loan Application. UNIT #103 North Myrtle Beach in Ocean's Edge Townhomes - View all 38 photos. Condotels at Surfmaster, Garden City Beach: See 13 traveler reviews, 8 candid photos, and great deals for Condotels at Surfmaster, ranked #5. There are no in-state limitations for the Condotel program, meaning that your vacation getaway can be nearly anywhere! Contact MortgageDepot Today! Myrtle Beach Condotel Financing Mortgage Guidelines . $379,800. 130 Redwolf Trail, Myrtle Beach $1,790,000. EMAIL US. 1321 S Ocean Blvd #1209, North Myrtle Beach, SC 29582. 800 sqft. 11 days on Zillow. MORTGAGE CALCULATOR. Population Density is 1,134. One of the greatest assets of the Myrtle Beach area, the weather offers mild winters and bearable summer temperatures. The Palms Resort has great amenities which include an oceanfront pool, an indoor pool, hot tubs, a kiddie pool, exercise room and. 2 bds; 2 ba; 1,274 sqft - Condo for sale. Coral Beach Features and Amenities. com.